Shareholder Centre

Minding our own business on executive pay

The Financial Review’s survey of executive pay makes interesting reading again this year. One of the most notable things to come out of it is that for the first time in a decade none of Australia’s CEOs made more than $10m. But there were a few that came mighty close, with ANZ's Mike Smith, Westpac's Gail Kelly, BHP's Marius Kloppers and James Hardie's Louis Gries all bagging more than $9m and another seven making more than $8m. All smiles for Mike Smith, but his real value to ANZ shareholders won't be known for years. But while the ‘two strikes’ rule...

The Financial Review’s survey of executive pay makes interesting reading again this year. One of the most notable things to come out of it is that for the first time in a decade none of Australia’s CEOs made more than $10m.

But there were a few that came mighty close, with ANZ's Mike Smith, Westpac's Gail Kelly, BHP's Marius Kloppers and James Hardie's Louis Gries all bagging more than $9m and another seven making more than $8m.

IMPORTANT: This information has been prepared without taking into account your objectives, financial situation or needs and you should consider if the information is appropriate for you before making an investment decision. Unless otherwise specifically stated or disclosed (such as the InvestSMART Diversified Portfolios Product Disclosure Statement), neither InvestSMART Financial Services Pty Ltd nor any of its Related Companies make any recommendations as to the merits of any investment opportunity referred to in its emails or its related websites. Product disclosure statements for financial products offered through InvestSMART can be downloaded from this website or obtained by contacting 1300 880 160. You should consider the product disclosure statement before making a decision about the product. All indications of performance returns are historical and can not be relied upon as an indicator for future performance.